52 episodes

The StockDr and team discuss In-depth market analysis, real-time stock market data, and current events.


Listen live every Wednesday on MoneyRadio1510/105.3 at 12 PM EST

The StockDr's Prescription Lee Siler

    • Business
    • 5.0 • 4 Ratings

The StockDr and team discuss In-depth market analysis, real-time stock market data, and current events.


Listen live every Wednesday on MoneyRadio1510/105.3 at 12 PM EST

    #52 - Crypto-Crooks: $12 Million Ponzi Scheme

    #52 - Crypto-Crooks: $12 Million Ponzi Scheme

    The StockDr & Team are back to deliver your weekly dose of market commentary. Is it ethical for a university to mandate COVID-19 vaccines for students and employees? Netflix continues to underperform, and Carnival Cruise Line announced a new company update. 

    The Millennial Moment presented by our Mega-llennial, Nikki Ward tackles another cryptocurrency headline that hit the screens this week. A mother-son duo who allegedly swindled investors out of $12 million using an “AI Supercomputer” concept.

    The SEC has moved to shut down what it says is a Ponzi scheme run by a mother and son team out of Las Vegas, who allegedly walked off with more than $12 million after using social media promotors to entice at least 277 investors to invest in their company on the idea that they had developed a fool-proof, stock-picking supercomputer.

    Joy & Brent Kovar are accused of luring people to invest in their company’s technological capabilities, Profit Connect Wealth Services, Inc., encouraging them to tap into their retirement funds and pull equity out of their homes. The company, in return, guaranteed annual returns of up to 30% plus monthly compounding interest the right to withdraw their funds, penalty-free at any time, and with no fees. 

    Investigators say the Kovar's never engaged in any kind of investing activity and allegedly used the money instead to finance their lifestyles, buying homes and cars and paying off large credit card bills. In all, investigators say Joy Kovar transferred some $1.2 million to her own personal accounts and spent another $1.7 million on items for herself. It specifically targeted people looking to build up college funds for their children

    - Indiana University can require its roughly 90,000 students and 40,000 employees to get vaccinated for COVID-19 under a federal judge’s ruling that might be the first of its kind regarding college immunization mandates. Similar lawsuits have been filed in federal courts in Connecticut and California

    - CCL announced plans to resume guest cruises with 75% of its total fleet capacity by year’s end, despite concerns about the spread of the more infectious Delta COVID variant. The company will resume operations with 54 ships across eight of its nine brands.

    - NFLX, despite beating earnings projections nearly 80% of the time, Netflix has often missed sales expectations for the quarter and averages a loss 6.1% in the day following the print, according to 19 years of data from Bespoke Investment Group. The company has also raised guidance in just 11% of its second-quarter reports.



    This week’s meeting of the minds was brought to you by the Siler Wealth Management Team.

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    • 55 min
    #51 - The Lord of the Roths

    #51 - The Lord of the Roths

    Special guest, Ron Insana joins the StockDr & team this week. 







    This week’s meeting of the minds was brought to you by the Team @ Siler Wealth Management

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    • 48 min
    #50 - Virtual Money Actual Pollution

    #50 - Virtual Money Actual Pollution

    The StockDr & Team are back to discuss all the compelling headlines with the Markets this week. AMZN, TSLA, DIDI, HOOD, and BTC continue to revel in the spotlight, I guess it’s true what they say, “there is no such thing as bad publicity”. Did a New York Lake just become the world’s largest hot tub? Stick around to find out!

    Amazon finally broke out this week from their 10-month base, the move transpired on very high volume. Their market capitalization has increased $102.86 billion since Thursday to reach $1.83 trillion. With this move, Amazon now joins the likes of Facebook and Google, unlike Netflix who continues to lag and hold their fellow FANG stocks back. 

    TSLA hit a company record for Q2 in deliverables, by announcing last week that they produced and delivered more than 200K cars to customers for the first time. 

    Robinhood is going HOOD, at least with their ticker. Last Thursday they filed an S-1 for an IPO. Robinhood’s funded accounts reached 18m vs. 7.2m in March 2020 (+151%). Assets under their custody are $80B vs. $19.2B in March 2020 (+417%). Revenue hit $522m in Q1 2021 vs. $128m in Q1 2020 (+309%). 60% of their sales come from payment for order flow, and they paid a record $70M fine to FINRA a day before filing its IPO papers. 

    Recent IPO DIDI got hammered yesterday as the Chinese government announced it would not allow new users to download the app while it conducts a cybersecurity review. App stores were told to stop offering the app 2 days after IPO on the NYSE. The directive came after regulators found Didi had illegally collected users’ personal data. In June they were probed for Anti-trust violations which were disclosed in their prospectus.

    REvil Hackers are back, and this time hacked more than 1 million systems through Kaseya, a software firm to a lot of small businesses including Dentists and Accounting Firms. They want $70 million in Bitcoin; this makes it the largest ransomware attack in history.

    The Millennial Moment presented by our Mega-llennial, Nikki Ward discussed complaints expressed by residents regarding the environmental impact a Bitcoin mining plant is wreaking on their small Bucolic Region of Upstate New York.

    At the Bitcoin Mining Plant, the computers operate 24/7, burning through an astounding amount of real energy, and producing real pollution, while collecting virtual currency. The plant draws 139 million gallons of water from Seneca Lake for cooling, then discharges 135 million gallons of the warmed water back into the lake. Locals have blamed bitcoin mining for heating up the largest of the Finger Lakes in upstate New York, with one saying it's "so warm you feel like you're in a hot tub”. The discharged water can be as hot as 108 degrees in the summer and 86 degrees in winter. Rising water temperatures can stress fish and promote toxic algae blooms. The plant currently has a permit to emit 641,000 tons of carbon dioxide every year, though if Atlas wants to maximize its return on investment and use all 106 MW of the plant’s capacity, its carbon pollution could surge to 1.06 million tons per year. If that’s the case, air quality and wildlife don’t stand a chance.

    This week’s meeting of the minds was brought to you by the Siler Wealth Management Team.

    Listen live on Wednesdays at 3 pm EST on MoneyRadio1510

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    • 43 min
    #49 - ETFs & WTFs

    #49 - ETFs & WTFs

    Oops!…They did it again, the StockDr & Team are back for another electric roundup discussing buzzworthy market and pop culture content hitting the news channels this week including a possible Bitcoin ETF and Brittney Spears' conservatorship battle. Special guest, Ryan Issakainen joined the Team this week to discuss all things ETFs and First Trust. Ryan is an ETF Strategist and Senior Vice President at First Trust portfolios. He's no stranger to the public, with appearances on CNBC, Fox Business, Bloomberg, the Wall Street Journal, Barron’s, and IBD, just to name drop a few.

    Facebook closed with a $1 trillion market cap on Monday, a 100% increase from 4 years prior when they hit $500 million. Joining the prestigious trillion-dollar club with: Apple, Microsoft, Amazon, and Google.

    Cathie Wood just might be the rocket fuel Millennials have been waiting for. She is readying a Bitcoin ETF to “launch to the moon” as Redditors would say (type?) If approved by the SEC, it will be the first crypto ETF in the United States.

    The Millennial Moment Spotlight presented by our Mega-llennial, Nikki Ward tackled the Britney Spears conservatorship. Was Britney Spears secretly trying to tell us what she was going through with her song titles? Womanizer, Toxic, Criminal, and Circus are just a few of her songs and adjectives to describe the private battle Britney has been fighting for years. WTF were we doing to not see a woman constantly spotlighted in the media so dimmed in her personal life? Britney Spears described a rigidly circumscribed existence, the result of a conservatorship, placed when a court deemed her unfit. Since then, she dropped album's bi-yearly, had a successful 4-year Las Vegas residency and toured worldwide. Despite her accolades, her father & conservatee, James Spears limits Britney to $2,000 weekly allowance. As the steward of her nearly $60 million dollar fortune, James's salary is $192 thousand plus commission. James has prospered off the back of his imprisoned daughter while she can’t afford the right to carry her own credit card, vacation, access her phone, remove her IUD, or get married without her father’s permission. The typical celebrity entourage prospers by catering to the star’s every whim, in Spears’s case, the opposite is true. This supposed madwoman in the attic is supporting a cast of thousands as they make a mint by keeping their benefactor prisoner. 

    This week’s popular take-a-ways:

    Brokerage firm Baird has thrown in the towel and stopped covering GameStop. They stated speculative trading made by retail investors made it too difficult to give reasonable recommendations. CCL shares fell after announcing they may sell as much as $500 million shares. This is a great representation of what dilution looks like. Honda reported that they wanted to be completely electric by 2040 & are partnering with GM. Analyst at UBS cut TSLA’s price target by 9.5% taking it from $730 to $660. Conflicting with the PT by UBS, Webush reiterated TSLA as a buy.



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    This week’s meeting of the minds was brought to you by the Siler Wealth Management Team

    • 51 min
    #48 – Size Matters? Only if Consumers Notice

    #48 – Size Matters? Only if Consumers Notice

    The StockDr & Team are back to discuss the unpredictable impulses within the market this week. The news of crypto crackdowns and shrinkflation take center stage.

    For the first time in months, crypto stocks took a hit in value, based on more than just a tweet by the self-proclaimed “Dogefather”, Elon Musk. 

    Bitcoin (BTC) dropped below $30,000 for the first time since the new year. That’s half of what it was worth just three months ago, and it is coming amid fears that China, where 65% of global BTC is mined, is trying to ban cryptocurrencies outright. The drop has wiped out nearly $400 million in value since last Friday, June 18th, which is when authorities in China’s Sichuan province ordered the crypto miners to shut down operations. Concurrently, with the Chinese Government, The Peoples Bank of China urged financial institutions not to provide services related to crypto activities.  

    90% of China’s crypto mining has been shut down and crypto mining takes up .5% of the world’s electricity annually. This means if BTC was a country, it would be #33 in power consumption. Power consumption for BTC mining numbers: United States 7.2% | Russia 6.9% | Kazakhstan 6.2% | Malaysia 4.3%

    The Millennial Moment presented by our Mega-llennial, explored the concept of Shrinkflation, albeit not new to the marketplace but rearing its ugly head. 

    Shrinkflation, by definition, is the practice of reducing the size of a product while maintaining the sticker price. This is a strategy companies use to stealthily boost profit margins. 

    The price of raw materials has increased dramatically, and companies are passing the increased cost on to consumers by giving them less product. The United Nation's FAO Food Price Index reported global food prices jumped in May, marking the biggest month-on-month gain since October 2010, and bringing the index to its highest point since September 2011. 

    The dramatic increase in the price of raw materials is placing food producers and grocery stores in a bind. The rising rates place them in a dilemma, to decide whether to increase the consumer's sticker price or to charge the same amount but shrink the package size. Because many shoppers tend to base their purchasing decisions on price, rather than examining the weight of the package, most producers and grocers are opting for the latter. Popular brand examples:


    Lay’s potato chips: party size bag reduced from 15.25 oz. to 13 oz. 
    orange juice: decreased by 7.8% to 69 ounces. Now it is down to 52 ounces, another 11.9% reduction.
    Charmin Ultra Strong: reduced from 286 sheets to 264.
    Great Value paper towels: selling for $14.97 for 30 rolls, but rolls have gone from 168 2-ply sheets per roll to 120. Effectively a nearly 29% price increase. 
    Double Stuffed Oreos: reduced from 16.6 oz. to 15.35 oz. 

    Goldman Sachs thinks this bull market has more room to run. Their estimate is that the current household has 44% in equity slightly below the all-time high of 46% in 2007. But they see high cash balances and continued retail participation will as bolstering demand.

    This week’s meeting of the minds was brought to you by the Team @ Siler Wealth Management

    Listen live on Wednesdays at 3 pm EST at MoneyRadio1510

    Stay in the loop by subscribing to The StockDr's Prescription email

    • 47 min
    #47 - Dogecoin Pumps, Bitcoin Dumps: The Elon Musk Crypto Saga Continues

    #47 - Dogecoin Pumps, Bitcoin Dumps: The Elon Musk Crypto Saga Continues

    The StockDr & Team discuss the impact Elon Musk’s tweets continue to have on the Cryptocurrency market, Netflix holding the FAANG stocks back, market volatility, and the moral dilemma of permissible economic exploitation.

    The Millennial Moment Spotlight with our Mega-llennial touches on economic exploitation that’s perfectly legal, but is it right?

    There is a shift in the market again. Money is flowing back into mega cap tech. The FAANG names are all above their 50-day moving average except NFLX which is acting quite poorly.

    BTC jumped after Elon Musk said he would resume accepting BTC when its' clean energy usage reached reasonable levels.

    Our top holdings at Siler Wealth Management: AAPL, Griffin REIT, FTXH (pharma), FTXL (semi’s), JH Int’l Fund, GNOM (bio-tech), AMZN, TSLA, ARKK, XOM, DIS, NVDA, NIO, GILD, COST, CCL

    Listen live on Wednesdays at 3pm EST at MoneyRadio1510.

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    • 49 min

Customer Reviews

5.0 out of 5
4 Ratings

4 Ratings

owen severne ,

Very good

Very good show, a little all over not so focused. I love the anti Facebook rambling! Please no cursing and keep up the show!

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